Plan to tax social security draws opposition quickly

A presidential commission Thursday recommended enrolling all American workers in a universal employer-financed pension system to supplement social security and raising th age for receiving normal social-security benefits from 65 to 68. The President's Commission on Pension Policy also recommended making social-security income taxable.

Opposition surfaced quickly to the commission's final report to a House Aging Committee hearing -- both to the new age standard and the taxing proposal. The commission proposed immediate vesting of benefits -- a guarantee that a worker will receive some ret irement income -- that would be carried from job to job.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK